PRODUCT HIGHLIGHTS SHEET A (acc) USD: 1.55% financial year ending - PDF document

PRODUCT HIGHLIGHTS SHEET Prepared on 31 August 2020 This Product Highlights Sheet is an important document. • It highlights the key terms and risks of this investment product and complements the Singapore Prospectus 1 (“ Prospectus ”). • It is important to read the Prospectus before deciding whether to purchase shares in the product. If you do not have a copy, please contact us to ask for one. • You should not invest in the product if you do not understand or are not comfortable with the accompanying risks. • If you wish to purchase this product, you will need to make an application in the manner set out in the Prospectus. JPMORGAN INVESTMENT FUNDS – GLOBAL CONVERTIBLES CONSERVATIVE FUND Product Type Investment Company Launch Date 15 June 2004 Management JPMorgan Asset Custodian J.P. Morgan Bank Luxembourg Company Management (Europe) S.A. (which is the Depositary) S.à r.l. Not Applicable Trustee Dealing Frequency Daily, on every Singapore Dealing Day No A (acc) – SGD (hedged): 1.55% Capital Guaranteed Expense Ratio for PRODUCT HIGHLIGHTS SHEET A (acc) – USD: 1.55% financial year ending 31 December 2019 PRODUCT SUITABILITY WHO IS THE PRODUCT SUITABLE FOR? Further Information Refer to “Sub-Fund The Sub-Fund is only suitable for investors who: Descriptions – Global – seek long-term capital growth but with lower risk level than with other convertible Convertibles Conservative sub-funds; Fund” of the Prospectus – understand that the Sub-Fund offers lower volatility characteristics associated with for further information on bonds with some of the returns typically associated with an equity portfolio; and product suitability. – are looking to use it as part of an investment portfolio and not as a complete investment plan. The principal of the Sub-Fund may be at risk. You should consult your financial advisor on the suitability of the Sub-Fund for you if you are in doubt. KEY PRODUCT FEATURES WHAT ARE YOU INVESTING IN? Refer to “Fund Business Operations”, “Share You are investing in a sub-fund of the Fund, an open-ended investment company Classes and Costs” and organised as a société anonyme under the laws of the Grand Duchy of Luxembourg “Sub-Fund Descriptions and qualifying as a SICAV and a UCITS. – Global Convertibles The Sub-Fund aims to provide a return by investing primarily in a diversified portfolio Conservative Fund” of convertible securities, globally. of the Prospectus for further information on features of the product. 1 The Prospectus is available for collection from the Singapore Representative at 168 Robinson Road, 17th Floor, Capital Tower, Singapore 068912 or any appointed Singapore distributor.

Investment Strategy At least 67% of assets invested in convertible securities from issuers anywhere in the Refer to “Sub-Fund world, including emerging markets. The portfolio will be conservatively constructed Descriptions – Global to achieve a portfolio delta of typically 10% to 40%. Convertibles Conservative Fund” of the Prospectus This will typically result in a higher income yielding portfolio than sub-funds targeting for further information on a higher delta. Delta refers to the sensitivity of the price of a convertible bond to the the investment strategy of change in price of the underlying equities. the Sub-Fund. Convertible securities exposure may include any suitable convertible or exchangeable instruments such as convertible bonds, convertible notes or convertible preference shares. The Sub-Fund may also invest in debt securities, equities and warrants. Parties Involved WHO ARE YOU INVESTING WITH? Refer to “Fund Business Operations” of the JPMorgan Investment Funds is the umbrella fund company of the Sub-Fund. Prospectus for further The Management Company is JPMorgan Asset Management (Europe) S.à r.l.. information on the role and responsibilities of The Investment Manager is JPMorgan Asset Management (UK) Limited. these entities and what The Depositary is J.P. Morgan Bank Luxembourg S.A.. happens if they become insolvent. PRODUCT HIGHLIGHTS SHEET KEY RISKS WHAT ARE THE KEY RISKS OF THIS INVESTMENT? Refer to “Risk Descriptions” and “Sub- The value of your investment may fall as well as rise and you may get back less Fund Descriptions than you originally invested. – Global Convertibles The Sub-Fund may have a higher volatility to its NAV due to its investment policy Conservative Fund” of when compared to sub-funds investing in global markets, with broader investment the Prospectus for further policies and/or are a less volatile asset class. information on risks and other associated risks of the product. Market and Credit Risks YOU ARE EXPOSED TO MARKET AND CREDIT RISKS Convertible securities have characteristics of both debt and equity securities and carry credit, default, equity, interest rate, liquidity and market risks. Convertible securities are usually subordinated to comparable nonconvertible securities and generally do not participate directly in dividend changes of the underlying securities. Emerging markets may be subject to increased political, regulatory and economic instability, less developed custody and settlement practices, poor transparency, greater financial risks, higher volatility and lower liquidity than developed markets. Equities – The value of equity securities may go down as well as up in response to the performance of individual companies and general market conditions sometimes rapidly or unpredictably. Credit – A bond will generally lose value if the issuer’s financial health deteriorates, or appears likely to. An issuer could go into default (become unwilling or unable to make payments on their bonds), which often will make the bond illiquid or worthless. YOU ARE EXPOSED TO CURRENCY RISKS Currency – Movements in currency exchange rates can adversely affect the return of your investment. Investing in a share class not denominated in SGD will expose you to additional currency risks. Hedging – Any measures taken to offset specific risks could work imperfectly. Hedging may be used to mitigate currency, duration, market or credit risk. Hedging involves costs, which reduce investment performance. Liquidity Risks The Sub-Fund is not listed and you can redeem only on a Singapore Dealing Day. If the total requests for redemptions and switches out of the Sub-Fund on any Valuation Day exceeds 10% of the total value of Shares in issue of the Sub-Fund, the Management Company reserves the right to defer any requests in excess of 10% until the next Valuation Day. On the next Valuation Day(s), deferred requests will be dealt with in priority to later requests.